TCI in favor of MCI’s independent privatization

“MCI’s entry into capital market is a positive move but the process would be lengthy,” Saber Feizi told Mobna news agency.
“There are obstacles in the way of MCI’s entering bourse or Farabourse and until they are resolved the company would remain a TCI subsidiary,” he added.
He denied speculations that with MCI entering bourse independently the demand for the shares of other TCI subsidiaries on bourse would be greatly subdued.
TCI managing director, Vadid Sadoughi, had earlier hinted their wish to enter bourse or Farabourse.
MCI is Iran’s first mobile phone network.
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